Word: contractors
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...slopes, but no support facilities for the Games and no idea of how to go about building them. Says the Rev. Bernard Fell, an ebullient former policeman who is president of the Lake Placid Organizing Committee: "None of us were trained in managing a construction project or picking a contractor. We didn't even know there had to be environmental impact studies, and they've cost us three-quarters of a million bucks...
...since then, but even in the past three years, the AFL-CIO's committee on political education gave him an average rating of only 32 per cent, in part for his vote against the Common Situs bill, a measure that would have allowed unions with a greivance against one contractor to picket all the contractors on the same construction site. There aren't many unions in northwestern Illinois...
...knew that the company had spent $600,000 on liquor and meals for unnamed Department of Defense officials. Although the agency does not say so directly, Miller presumably should have known that such payments violated regulations prohibiting officials from accepting any kind of gratuity from a defense contractor. The SEC did allege, however, that Textron's chairmen knew that the company kept no accounting of the entertainment, even though its own proclaimed policy called...
...month's biggest winners. Shares of General Dynamics Corp., the large St. Louis-based defense conglomerate, which is heavily involved in everything from shipbuilding to jet-fighter construction, jumped 8⅜ points, to 80⅜. Eager investors also gobbled up stock in Boeing Co., another major defense contractor, which rose from 50⅝ to 65½. Shares of Lockheed Corp. have climbed sharply as well, as have those of Raytheon, a leading missile manufacturer. Large advances were posted by countless smaller electronics and semiconductor firms, which routinely do much defense-related subcontracting work...
...potential impact. In his intriguing little book on preaching, Telling the Truth, Novelist and sometime Preacher Frederick Buechner describes the magic moment when the minister steps into the pulpit. In the pews sit a college student there against his will, a banker who twice contemplated suicide that week, a contractor on the take, a pregnant girl who feels life stir within her, a teacher hiding his homosexuality. "The preacher pulls the little cord that turns on the lectern light and deals out his note cards like a riverboat gambler. The stakes have never been higher. Two minutes from...